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Alisher Usmanov

All articles tagged with #alisher usmanov

EU sanctions extension secured after Usmanov delisting sparks diplomatic rift
geopolitics14 days ago

EU sanctions extension secured after Usmanov delisting sparks diplomatic rift

The EU extended sanctions against nearly 3,000 individuals for 36 months on September 22, but the deal required removing Russian-Uzbek oligarch Alisher Usmanov and Mikhail Fridman from the blacklist. France pushed for the delisting to secure the release of two French nationals detained in Azerbaijan, a move that caused significant diplomatic friction and raised concerns about setting a precedent for oligarchs to buy their way out of restrictions.

EU Delists Russian Oligarchs Amid Latvian Backlash and Ukrainian Outcry
geopolitics16 days ago

EU Delists Russian Oligarchs Amid Latvian Backlash and Ukrainian Outcry

The European Union has removed sanctions on Russian-Uzbek billionaire Alisher Usmanov and Russian-Israeli businessman Mikhail Fridman, a move driven by France’s prisoner swap deal with Azerbaijan. Latvia initially vetoed the change but abstained to preserve the broader sanctions package, while Ukraine condemned the decision as a signal of weakness to Moscow.

Azerbaijan Frees French Spy After EU Sanctions Deal
world16 days ago

Azerbaijan Frees French Spy After EU Sanctions Deal

Azerbaijan has pardoned French national Martin Ryan, who was jailed for espionage, following a secret prisoner exchange deal. The release occurred hours after the European Union agreed to lift sanctions on Russian billionaires Alisher Usmanov and Mikhail Fridman, a move driven by France to secure Ryan's freedom. While Paris hailed the pardon as a humanitarian gesture, Ukraine and other EU members criticized the decision as a dangerous precedent that undermines pressure on Moscow. A second French national remains detained in Azerbaijan.

EU sanctions on Kremlin-linked oligarchs at stake as France pushes delisting
world20 days ago

EU sanctions on Kremlin-linked oligarchs at stake as France pushes delisting

EU diplomats warn that all EU sanctions on individuals aiding Russia’s war could lapse on Sept. 21 without a compromise, as Slovakia and France push to delist oligarchs Alisher Usmanov and Mikhail Fridman to secure other concessions from Azerbaijan; Zelensky criticizes delisting, and after multiple EU-ambassador meetings there has been little progress. Unanimity makes the decision fragile, with a six-month extension floated as a possible compromise, though that would push the decision closer to France’s presidential election; otherwise some fear the 2,960 listings could expire, undermining EU credibility.

German Authorities Conduct Raid on Bavarian Villa of Sanctioned Russian
international-politics3 years ago

German Authorities Conduct Raid on Bavarian Villa of Sanctioned Russian

German authorities, including police, tax investigators, and customs agents, raided a villa in Bavaria belonging to an unnamed Russian individual who is subject to EU sanctions and asset seizures following Russia's invasion of Ukraine. The target of the raid is believed to be Alisher Usmanov, a Russian-Uzbek businessman. The villa, located in the resort town of Rottach-Egern, was not the only property targeted, as raids were also conducted at other properties owned by the sanctioned individual in Tegernsee and Munich. The seized assets included luxury German-made vehicles.

"US and UK Expand Sanctions on Russian Networks and Oligarchs"
politics3 years ago

"US and UK Expand Sanctions on Russian Networks and Oligarchs"

The US has imposed sanctions on over 120 individuals and entities across 20 countries and jurisdictions, including a private military company, a China-based firm, and entities linked to state-owned nuclear energy company Rosatom, among others, to squeeze Russia over its war in Ukraine. The actions reflect an effort to broaden the web of US sanctions placed on Moscow since Russian President Vladimir Putin's February 2022 invasion of Ukraine and to squelch efforts to circumvent them. One of the main targets was Russian billionaire businessman Alisher Usmanov, who the Treasury described as having "at his disposal a wide network of businesses in financial safe havens and family members through which to conduct financial transactions, enabling him to potentially circumvent sanctions."

US Targets Russian Oligarch Usmanov and Finance Networks with Fresh Sanctions
politics3 years ago

US Targets Russian Oligarch Usmanov and Finance Networks with Fresh Sanctions

The US Treasury Department has imposed sanctions on 29 companies and 25 individuals linked to the Russian government over the invasion of Ukraine, including Russian-Uzbek billionaire Alisher Usmanov's network of businesses. Usmanov, who is believed to be close to Russian President Vladimir Putin, has been subject to sanctions for over a year, but the US Treasury said he still had a wide network of businesses and family members through which to conduct financial transactions, enabling him to potentially circumvent sanctions.

Russia's Actions Prompt Further Sanctions and Criticism from US
politics3 years ago

Russia's Actions Prompt Further Sanctions and Criticism from US

The US Department of State and Treasury have imposed sanctions on over 120 entities and individuals across 20 countries and jurisdictions in connection with Russia's invasion of Ukraine, including those facilitating sanctions evasion. The sanctions target entities supporting Russia's war against Ukraine, including a new Russian private military company and a Chinese firm providing satellite imagery to entities affiliated with the Wagner private military company. The US will continue to take action against Russia and those supporting its war in Ukraine, including implementing the G7's commitment to impose severe consequences on third country actors who support Russia's war in Ukraine.